Trend Trading Levels for 17 Mar 2014

NIFTY Hold Long taken at 6099.82 On 17-02-2014 StopLoss 6493.2 | Profit so far 439.03
BANKNIFTY Hold Long taken at 10817.22 On 04-03-2014 StopLoss 11994.72 | Profit so far 1311.58
RELIANCE Hold Long taken at 815.75 On 04-03-2014 StopLoss 874.37 | Profit so far 75.55
SBIN Hold Long taken at 1510.47 On 24-02-2014 StopLoss 1643.52 | Profit so far 153.33

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Major Mkt Activity on 14 Mar 201

Long Build Up: GODREJIND, GAIL, CROMPGREAV, LT, M&M
Short Covering: INFY, DABUR, BIOCON, SYNDIBANK, IGL

Short Build Up: RECLTD, PFC, INDIACEM, BPCL, HINDUNILVR
Long Unwinding: ARVIND, HINDPETRO, BANKNIFTY, AXISBANK, ICICIBANK

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Important Levels for 17 Mar 2014

NIFTY : Levels to watch are 6585.1 and 6492.6
BANKNIFTY : Levels to watch are 12250.55 and 12007.05
RELIANCE : Levels to watch are 901.75 and 880.85
SBIN : Levels to watch are 1682.08 and 1645.53

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Against Trend Calls for 14 Mar 2014

BANKNIFTY -> On Short Side at open or spikes
CNXIT -> On Long Side at open or dips
ICICIBANK -> On Short Side at open or spikes
ITC -> On Short Side at open or spikes
ASIANPAINT -> On Short Side at open or spikes
INFY -> On Long Side at open or dips

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Trend Trading Levels for 14 Mar 2014

NIFTY Hold Long taken at 6099.82 On 17-02-2014 StopLoss 6513.4 | Profit so far 419.78
BANKNIFTY Hold Long taken at 10817.22 On 04-03-2014 StopLoss 12034.78 | Profit so far 1378.98
RELIANCE Hold Long taken at 815.75 On 04-03-2014 StopLoss 875.52 | Profit so far 67.15
SBIN Hold Long taken at 1510.47 On 24-02-2014 StopLoss 1654.62 | Profit so far 145.13

Posted in FnO |